Fed Increases Us Interest Rate By 0.25%

It was no surprise to learn today that the Fed voted to increase the benchmark US interest rate by 0.25%. The reality is that this was flagged some time ago and there will likely be a further two interest rate rises during 2017. The stock market reacted positively to this move which was brought about by rising inflation and a dip in unemployment figures. So, what does this mean for the short to medium term outlook for the US economy?Read full article